Post
Topic
Board Speculation
Re: Stop your BTC cheerleading and mass delusion and face the reality
by
UnunoctiumTesticles
on 10/12/2014, 23:33:54 UTC
The argument: are people who are currently on this forum/using bitcoin not part of the 'broad population'?

Absolutely not. You are delusional males.

A superior math-based currency that can't be printed or counterfeited doesn't make us delusional.  Yes, the majority of bitcoin users are male.  Your point?

You chopped off the part where I wrote goldbug delusion and high tech envy.

Your delusion is you grasp on to the slogans and concepts, without analysing the technical details which elucidate the delusion.

For example, goldbugs have never understood that gold was always a fiat, because the public can always loan fractional reserve units that are denominated in gold. And Gresham's Law states that bad money drives good money out-of-circulation, thus the more debased form of gold (or Bitcoin) will always drive the less debased form out-of-circulation.

As for math, see my prior post point about Metcalf's law and off chain. Etc, etc, etc. I have made so many math arguments that elucidated the delusion (in my archives and AnonyMint's archives), and I am not going to repeat them all again.